Tag: three arrow capitals

Jul 26 2022

Crypto crash did not adversely affect broader financial system, IMF says

The International Monetary Fund (IMF) said the recent crypto market crash posed no threat to the wider financial stability of the world economy. The July 26 report "Gloomy and More Uncertain" states that the rising inflation rate and the possibility of a recession caused by the Ukraine war and continued COVID lockdowns have left the...

Jul 19 2022

Three Arrows Capital unravels as creditor list emerges

Jul 19 2022 Published at CryptoSlate under tags  3ac bankruptcy celsius genesis su zhu

Three Arrows Capital (3AC) liquidators have applied to a High Court in Singapore to deny any claim made by the hedge fund or access to its headquarters, court filings showed. The liquidators said they...

Jul 05 2022

Singapore eyes more regulation to protect retail investors from crypto winter fallout

The Monetary Authority of Singapore (MAS) is considering new regulations to protect retail investors after the crypto market crash led to the collapse of several crypto firms. According to the regulator, the new rules being considered include "placing limits on retail...

Jun 30 2022

CoinFlex backtracks on resuming withdrawals

CoinFlex will likely not resume withdrawals for its users on June 30, CNBC reported, citing the exchange's CEO Mark Lamb. Lamb said that the crypto derivatives exchange would not be resuming withdrawals on June 30 and needs...

Jun 22 2022

SEC commissioner criticizes crypto bailouts as ECB president calls for staking regulations

U.S. SEC Commissioner Hester Peirce criticized crypto bailouts in a recent Forbes interview and said the current market crash could set the foundation for a more sustainable future for the industry. According to Peirce, tough times in the industry reveal projects and products that will...

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